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Worker Adjustment and Retraining Notification Act

Business
Peloton To Close Westchester Facility, With 75 Losing Jobs Peloton To Close Westchester Facility, With 75 Losing Jobs
Peloton To Close Westchester Facility, With 75 Losing Jobs Peloton has announced plans to shut down some of its facilities and lay off thousands of employees, including some workers in the region. On Tuesday, Feb. 8, the exercise equipment company announced plans to restructure and let go of a total of 2,800 employees globally. CEO John Foley also announced plans to step down. As part of the restructuring, the facility located in the Westchester County city of Mount Vernon will shut down, causing 75 employees to lose their jobs, according to a Worker Adjustment and Retraining Notification Act (WARN) notice posted on Feb. 8. The facility is located…

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by Nicole Valinote
Business
COVID-19: Cheesecake Factory To Close Location In Area COVID-19: Cheesecake Factory To Close Location In Area
Covid-19: Cheesecake Factory To Close Location In Area The Cheesecake Factory plans to permanently close a location in Fairfield County due to the economic impact of the novel coronavirus (COVID-19) pandemic. The closure of the restaurant, located at the Stamford Town Center Mall on Tresser Boulevard, will result in the loss of about 100 jobs and is effective at the close of business on Sunday, Aug. 1. In a Worker Adjustment and Retraining Notification ("WARN") Act filing dated Friday, June 26, the company wrote: "Business conditions rapidly and suddenly deteriorated during the continuing COVID-19 crisis, national emergency, and …

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by Joe Lombardi